RELX (RELX) Inventory Turnover : 0.00 (As of Dec. 2023)

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What is RELX Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. RELX's Cost of Goods Sold for the six months ended in Dec. 2023 was $0 Mil. RELX's Average Total Inventories for the quarter that ended in Dec. 2023 was $398 Mil. RELX's Inventory Turnover for the quarter that ended in Dec. 2023 was 0.00.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

RELX Inventory Turnover Historical Data

The historical data trend for RELX's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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RELX Inventory Turnover Chart

RELX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Inventory Turnover

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13.06

11.01

10.34

10.41

10.45

RELX Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Inventory Turnover	Get a 7-Day Free Trial															5.52	5.01	-	-	-

RELX Inventory Turnover Calculation

RELX's Inventory Turnover for the fiscal year that ended in Dec. 2023 is calculated as

	Inventory Turnover (A: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2023 )	/ (	(Total Inventories (A: Dec. 2022 )	+	Total Inventories (A: Dec. 2023 ))	/	count )
=	4070.887	/ (	(376.37	+	402.532)	/	2 )
=	4070.887	/	389.451
=	10.45

RELX's Inventory Turnover for the quarter that ended in Dec. 2023 is calculated as

	Inventory Turnover (Q: Dec. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Dec. 2023 )	/ (	(Total Inventories (Q: Jun. 2023 )	+	Total Inventories (Q: Dec. 2023 ))	/	count )
=	0	/ (	(392.677	+	402.532)	/	2 )
=	0	/	397.6045
=	0.00

RELX (NYSE:RELX) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

RELX's Days Inventory for the six months ended in Dec. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Dec. 2023 )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
	=	397.6045	/	0	*	365 / 2
	=

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

RELX's Inventory to Revenue for the quarter that ended in Dec. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	397.6045	/	0
	=

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

RELX Inventory Turnover Related Terms

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RELX (RELX) Business Description

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GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » RELX PLC (NYSE:RELX) » Definitions » Inventory Turnover

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RLXXF:USA REN:Netherlands REL:Mexico RELl:UK REL:UK RDEB:Germany R1EL34:Brazil

Address

1-3 Strand, London, GBR, WC2N 5JR

Website

https://www.relx.com

RELX PLC is a diversified information and analytics company. The firm operates across four main areas: scientific, technical, and medical; risk; legal; and exhibitions. It generates maximum revenue from the Scientific, Technical and Medical and Risk segment. Scientific, Technical and Medical segment provides information and analytics that help institutions and professionals progress science, advance healthcare and improve performance. Risk segment provides customers with information-based analytics and decision tools that combine public and industry-specific content with advanced technology and algorithms to assist them in evaluating and predicting risk and enhancing operational efficiency.